Zacks Research Issues Pessimistic Outlook for PEG Earnings

Public Service Enterprise Group Incorporated (NYSE:PEG - Free Report) - Zacks Research dropped their Q3 2025 earnings per share estimates for Public Service Enterprise Group in a note issued to investors on Tuesday, July 1st. Zacks Research analyst R. Department now anticipates that the utilities provider will post earnings per share of $1.02 for the quarter, down from their prior estimate of $1.03. The consensus estimate for Public Service Enterprise Group's current full-year earnings is $3.67 per share. Zacks Research also issued estimates for Public Service Enterprise Group's Q4 2025 earnings at $0.81 EPS, Q3 2026 earnings at $0.94 EPS, Q4 2026 earnings at $0.92 EPS, Q2 2027 earnings at $0.95 EPS and FY2027 earnings at $4.53 EPS.

Public Service Enterprise Group (NYSE:PEG - Get Free Report) last issued its earnings results on Wednesday, April 30th. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.43. Public Service Enterprise Group had a return on equity of 11.80% and a net margin of 17.01%. The firm had revenue of $3.22 billion for the quarter, compared to analysts' expectations of $3.15 billion. During the same quarter last year, the business earned $1.31 earnings per share. The company's revenue was up 16.7% compared to the same quarter last year.

Several other equities analysts have also recently weighed in on PEG. Evercore ISI cut their price objective on Public Service Enterprise Group from $99.00 to $92.00 and set an "outperform" rating on the stock in a report on Thursday, May 1st. BMO Capital Markets cut their price objective on Public Service Enterprise Group from $86.00 to $83.00 and set a "market perform" rating on the stock in a report on Thursday, April 10th. Guggenheim cut their price objective on Public Service Enterprise Group from $98.00 to $94.00 and set a "buy" rating on the stock in a report on Thursday, May 1st. Morgan Stanley cut their price objective on Public Service Enterprise Group from $101.00 to $100.00 and set an "overweight" rating on the stock in a report on Wednesday, June 18th. Finally, LADENBURG THALM/SH SH cut Public Service Enterprise Group from a "buy" rating to a "neutral" rating and set a $82.50 price objective on the stock. in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Public Service Enterprise Group has an average rating of "Hold" and a consensus target price of $89.54.

Public Service Enterprise Group Stock Up 0.6%

Shares of NYSE:PEG traded up $0.47 during trading on Friday, hitting $81.69. 2,018,416 shares of the company's stock traded hands, compared to its average volume of 2,782,448. Public Service Enterprise Group has a 52 week low of $73.72 and a 52 week high of $95.22. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 1.25. The company has a market cap of $40.76 billion, a price-to-earnings ratio of 22.32, a price-to-earnings-growth ratio of 2.91 and a beta of 0.48. The company has a 50-day moving average price of $80.43 and a 200-day moving average price of $82.25.

Public Service Enterprise Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 9th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend was Monday, June 9th. Public Service Enterprise Group's payout ratio is presently 68.85%.

Insider Buying and Selling at Public Service Enterprise Group

In related news, CEO Ralph A. Larossa sold 1,387 shares of the business's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $83.12, for a total transaction of $115,287.44. Following the transaction, the chief executive officer directly owned 218,328 shares of the company's stock, valued at approximately $18,147,423.36. The trade was a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.19% of the company's stock.

Institutional Trading of Public Service Enterprise Group

Several institutional investors and hedge funds have recently modified their holdings of the business. Cullen Investment Group LTD. lifted its position in shares of Public Service Enterprise Group by 19.4% during the 2nd quarter. Cullen Investment Group LTD. now owns 64,320 shares of the utilities provider's stock worth $5,414,000 after buying an additional 10,458 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs bought a new stake in shares of Public Service Enterprise Group during the 1st quarter worth $1,762,000. Swedbank AB lifted its position in shares of Public Service Enterprise Group by 1.9% during the 1st quarter. Swedbank AB now owns 459,980 shares of the utilities provider's stock worth $37,856,000 after buying an additional 8,716 shares during the last quarter. Strs Ohio bought a new stake in shares of Public Service Enterprise Group during the 1st quarter worth $2,361,000. Finally, Jacobi Capital Management LLC lifted its position in shares of Public Service Enterprise Group by 4.8% during the 1st quarter. Jacobi Capital Management LLC now owns 21,187 shares of the utilities provider's stock worth $1,744,000 after buying an additional 977 shares during the last quarter. 73.34% of the stock is currently owned by institutional investors.

Public Service Enterprise Group Company Profile

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.